Apple Inc's new plastic-backed iPhone 5C will sell for 4,488 yuan ($730) China, almost $200 more than the United States retail price of $549 and only 800 yuan ($130) less than its top-of-the-line sibling, the 5S.
The pricing of what was expected to be a cheap model aimed at growth markets such as China and India has not only stumped investors, but also Apple aficionados in China, the world's largest smartphone market.
Photos/ www.apple.com
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